Smart Contracts in Supply Chain: ​Making Sense of a Potential Game Changer

Smart Contracts in Supply Chain:​Making Sense of a Potential Game Changer

Chain Business Insights new research brief "Smart Contracts in Supply Chain: Making Sense of a Potential Game Changer"explains the role and promise of blockchain-based smart contracts for supply chain applications and delves into the benefits and challenges associated with adopting them.

The briefing paper contains a real life case study of how smart contracts have been leveraged for a multinational cotton supply chain POC and highlights a number of other key projects tapping smart contracts for supply chain and trade finance applications.

​Written specifically for supply chain business professionals, and presented in non-technical language, this research brief will get you quickly up to speed on:* What smart contracts are and what they can do* Smart contracts benefits and challenges, and the role of lawyers* How smart contracts have already been tested * Other smart contracts uses in supply chain, and the vendors involved * Determining whether smart contracts are right for your businessIf you are considering blockchain and smart contracts technology for your supply chain challenges, read this research brief before engaging with your IT department, meeting with consulting firms or taking the first vendor meeting.